Avana Electrosystems is entering the public markets through SME IPO with an issue size of ₹35.22 crore. The issue consists of a fresh issue of ₹30.54 crore and an offer for sale of ₹4.68 crore. The shares are proposed to be listed on NSE & SME.
The IPO subscription window opens on January 12, 2026 and will remain open until January 14, 2026. The company plans to list its shares on January 20, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
Avana Electrosystems Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of Avana Electrosystems that investors generally review before applying.
IPO Details at a Glance
| Company Name | Avana Electrosystems |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue + Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Price | ₹56 – ₹59 Per Share |
| Lot Size | 2,000 Shares |
| Face Value | ₹10 Per Share |
| Exchange | NSE & SME |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 300,000 | 5.03% |
| Qualified Institutional Buyers (QIB) | 2,818,000 | 47.20% |
| — Anchor Investor | 1,690,000 | 28.31% |
| — QIB (Ex Anchor) | 1,128,000 | 18.89% |
| NII (HNI) | 864,000 | 14.47% |
| — bNII > ₹10L | 576,000 | 9.65% |
| — sNII < ₹10L | 288,000 | 4.82% |
| Retail | 1,988,000 | 33.30% |
| Total Shares Offered | 5,970,000 | 100.00% |
Avana Electrosystems IPO Important Dates
The following table highlights the key dates for the Avana Electrosystems IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 12 Jan 2026 |
|---|---|
| IPO Closing Date | 14 Jan 2026 |
| Allotment Finalization | 15 Jan 2026 |
| Initiation of Refunds | 16 Jan 2026 |
| Credit of Shares | 16 Jan 2026 |
| IPO Listing Date | 20 Jan 2026 |
Avana Electrosystems IPO Size & Structure
| Total IPO Size | ₹35.22 Crore |
|---|---|
| Offer For Sale | ₹4.68 Crore |
| Fresh Issue | ₹30.54 Crore |
Avana Electrosystems IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the Avana Electrosystems IPO, calculated using the cut-off price. The price band for this IPO ranges from ₹56 to ₹59 per share.
Investors can apply for the IPO with a minimum of 2000 shares. Applications must be made in multiples of 2000 shares.
- Retail investors can apply from 2 lot to 2 lots.
- Small HNI (SHNI) investors must apply for at least 3 lots.
- Big HNI (BHNI) investors need to apply for a minimum of 9 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹59 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹59 | ₹236,000 |
| Retail (Max) | 2 | 4,000 | ₹59 | ₹236,000 |
| S-HNI (Min) | 3 | 6,000 | ₹59 | ₹354,000 |
| S-HNI (Max) | 8 | 16,000 | ₹59 | ₹944,000 |
| B-HNI | 9 | 18,000 | ₹59 | ₹1,062,000 |
Avana Electrosystems IPO GMP (Grey Market Premium)
The latest Avana Electrosystems IPO GMP (Grey Market Premium), along with Kostak rates and Subject to Sauda rates, helps in understanding market sentiment. The current Avana Electrosystems IPO GMP is ₹11 (18.64%), compared to the IPO issue price of ₹59. Based on the current GMP, the expected listing price is around ₹70. The Lowest GMP was ₹0 on 06 Jan 2026, while the highest GMP reached ₹16 on 13 Jan 2026.
Avana Electrosystems IPO was listed on the stock exchange on 20 Jan 2026. The IPO was subscribed 121.75 times. The first reported GMP was ₹0 (0%), while the latest recorded GMP stood at ₹11 (18.64%).Listing Details:
- Issue Price: ₹59 per share.
- Listing Price: ₹77.50 (approx. 31.36% gain)
- Listing Date: 20 Jan 2026
Avana Electrosystems IPO GMP Today - Trend Analysis
| Date | Issue Price (₹) | GMP Price (₹) | Estimated Gain (%) | Estimated Price (₹) | Estimated Profit (₹) |
|---|---|---|---|---|---|
| 20 Jan 2026 | ₹59 | ▼ ₹11 | ▼ 18.64% | ₹70 | ₹44,000 |
| 19 Jan 2026 | ₹59 | ▼ ₹12 | ▼ 20.34% | ₹71 | ₹48,000 |
| 17 Jan 2026 | ₹59 | ₹13 | 22.03% | ₹72 | ₹52,000 |
| 16 Jan 2026 | ₹59 | ▼ ₹13 | ▼ 22.03% | ₹72 | ₹52,000 |
| 13 Jan 2026 | ₹59 | ▲ ₹16 | ▲ 27.12% | ₹75 | ₹64,000 |
| 12 Jan 2026 | ₹59 | ▼ ₹5 | ▼ 8.47% | ₹64 | ₹20,000 |
| 10 Jan 2026 | ₹59 | ▲ ₹14 | ▲ 23.73% | ₹73 | ₹56,000 |
| 09 Jan 2026 | ₹59 | ▲ ₹8 | ▲ 13.56% | ₹67 | ₹32,000 |
| 08 Jan 2026 | ₹59 | ▼ ₹5 | ▼ 7.63% | ₹64 | ₹18,000 |
| 07 Jan 2026 | ₹59 | ▲ ₹5 | ▲ 8.47% | ₹64 | ₹20,000 |
| 06 Jan 2026 | ₹59 | ₹0 | 0% | ₹59 | ₹0 |
| 05 Jan 2026 | ₹59 | ₹0 | 0% | ₹59 | ₹0 |
Avana Electrosystems IPO GMP gives retail and institutional investors an idea about short-term market expectations. Although grey market premium does not guarantee listing performance, it is still commonly referred to while analysing IPOs. Investors are advised to look at Avana Electrosystems fundamentals along with IPO GMP data before making any investment decision.
GMP Disclaimer: GMP (Grey Market Premium) prices are unofficial and only reflect market sentiment. We neither participate in grey-market trading nor encourage it. Investors are strongly advised to review the company’s fundamentals, risks, and official documents before considering an investment in the Avana Electrosystems IPO.
Avana Electrosystems IPO Subscription Status
Avana Electrosystems IPO was subscribed 121.75 times overall on the final day of bidding (as of 14 Jan 2026).The subscription opened on 12 Jan 2026. The Retail portion was subscribed 135.69 times, while QIB and NII categories were subscribed 54.97 times and 162.65 times respectively.
Subscription by Category (QIB, NII, Retail, Employee)
Daily Subscription Trend (Day-wise):
| Date | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| 12 Jan 2026 | — | 2.13x | 4.05x | — | 2.46x |
| 13 Jan 2026 | 2.02x | 23.8x | 28.98x | — | 20.47x |
| 14 Jan 2026 | 54.97x | 162.65x | 135.69x | — | 121.75x |
The Avana Electrosystems IPO opened with strong demand on Day-1, supported by active participation from Retail and NII investors.
On Day-2, subscription levels for the Avana Electrosystems IPO rose sharply due to heavy bidding from Retail, followed by NII investors.
By the end of the bidding period, the IPO was subscribed 121.75x overall, reflecting strong demand from key investor categories, led by NII, followed by Retail and QIB investors. Overall subscription for the Avana Electrosystems IPO increased from 2.46x on Day-1 to 121.75x by the final day.
Avana Electrosystems IPO Final Subscription
| Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 54.97x |
| Non-Institutional Investors (NII) | 162.76x |
| Retail Investors | 137.06x |
| Total | 122.41x |
Avana Electrosystems IPO Allotment Status
The Avana Electrosystems IPO allotment status was released on 15 Jan 2026. Investors who applied for the IPO can now check their Avana Electrosystems allotment status online through the official registrar website and NSE / BSE portal.
- 🗓 Allotment Date: 15 Jan 2026
- 📈 Listing Date: 20 Jan 2026
How to Check Avana Electrosystems IPO Allotment Status Online?
Investors can check the Avana Electrosystems IPO allotment status online through Integrated Registry Management Services Private Limited and NSE websites. All platforms provide easy access to the IPO allotment details.
Just follow the below mentioned steps to check your allotment status.You can also visit
Integrated Registry Management Services
to know more about the IPO registrar.
Check on Integrated Registry Management Services Private Limited (IPO Registrar)
- Visit → Integrated Registry Management Services Private Limited
- Click on any of the links (Link 1 or Link 2) to view IPO Allotment Status.
- Select Avana Electrosystems
- Select Application Number / DP ID & Client ID / PAN Number and fill the details.
- Enter Captcha and click Submit to view allotment status.
Check on NSE (National Stock Exchange) Website
- Go to → NSE Website
- Select Equity & SME IPO Bid Details.
- Choose Avana Electrosystems IPO.
- Enter your PAN & Application Number.
- Click on Submit button.
The National Stock Exchange (NSE) provides an online facility to check the Avana Electrosystems IPO allotment status.
Note: Allotment status is published only on the official registrar websites. We do not collect investor data or provide allotment verification directly.
How to Apply for Avana Electrosystems IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
Avana Electrosystems IPO Listing Analysis
Below is a quick summary of the Avana Electrosystems IPO issue price, listing price, and listing gain on BSE and NSE.
| IPO Status | Issue Price | Listing Price | Listing Gain |
|---|---|---|---|
| Listed (BSE) | ₹59 | ₹78 | ▲ 31.36% |
| Listed (NSE) | ₹59 | ₹78 | ▲ 31.36% |
Avana Electrosystems debuted at ₹77.5, listing at a premium of +₹19 (+31.36%). The stock declined to ₹0, slipping -100.00% and ending -₹59 below (-100.00%). The investment fell to ₹0. Investors booked a loss of -₹118,000 per lot.
📌 IPO Issue Price and Lot Size
The IPO of Avana Electrosystems was offered in the price band of ₹56 to ₹59 per share.
- The final issue price was fixed at ₹59.
- One lot consisted of 2000 shares.
- Minimum investment: ₹59 × 2000 = ₹118,000
- Investment after Day-1: ₹0 × 2000 = ₹0
- By the end of the listing session, investors faced a loss of -₹118,000 per lot.
📌 IPO Subscription Analysis
Backed by robust demand of 121.75× and institutional subscription of 54.97×, the IPO witnessed a bumper listing. The stock debuted at 31.36% and closed at -100.00%, highlighting exceptional investor confidence.
| Day | QIB | NNI | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0x | 2.13x | 4.05x | 2.46x |
| Day 2 | 2.02x | 23.8x | 28.98x | 20.47x |
| Day 3 | 54.97x | 162.65x | 135.69x | 121.75x |
📌 Final Assessment
Overall Outcome: Outstanding IPO
- Subscription Phase: High investor participation
- Listing Phase: Bumper listing performance
- Investor Experience: Negative short-term experience
IPO Financial Summary
- Total Assets changed by 29.81% in FY 2024-2025.
- Total Revenue changed by 18.16% in FY 2024-2025.
- Profit After Tax changed by 106.72% in FY 2024-2025.
- Reserves & Surplus changed by 65.56% in FY 2024-2025.
- Total Borrowings changed by -38.62% in FY 2024-2025.
| Metric | 2025-09-30 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 53.91 | 49.42 | 38.07 | 28.52 |
| Total Revenue (₹ Cr) | 36.28 | 62.93 | 53.26 | 28.59 |
| Profit After Tax (₹ Cr) | 5.61 | 8.31 | 4.02 | 0.92 |
| Reserves & Surplus (₹ Cr) | 9.94 | 21.01 | 12.69 | 8.67 |
| Total Borrowings (₹ Cr) | 5.68 | 5.69 | 9.27 | 7.33 |
Utilisation of Proceeds
The Company proposes to utilise the net IPO proceeds of approximately ₹24.72 crore towards the following objectives:
| # | Purpose | Amount (₹ Cr) | % of Total |
|---|---|---|---|
| 1 | Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit | 11.55 | 46.72% |
| 2 | To meet Working Capital requirements of the Company | 8.60 | 34.79% |
| 3 | General Corporate Purposes | 4.57 | 18.49% |
| Total | 24.72 | 100% | |
Avana Electrosystems IPO Promoter Holding
| Promoter(s) | Anantharamaiah Panish, Gururaj Dambal, S Vinod Kumar and K N Sreenath |
|---|---|
| Pre-Issue Holding | 100% |
| Post-Issue Holding | 73.64% |
Avana Electrosystems IPO FAQs
The Avana Electrosystems IPO is a SME Bookbuilding IPO with a total issue size of ₹35.22 crore. The issue consists of a fresh issue of ₹30.54 crore and an offer for sale of ₹4.68 crore.
The IPO will open for subscription on Mon, 12 Jan 2026 and will close on Wed, 14 Jan 2026.
The shares are being offered at a price band of ₹56 to ₹59 per equity share.
Investors can apply for the IPO with a minimum lot size of 2,000 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹236,000.
The shares of Avana Electrosystems are expected to be listed on NSE & SME on Tue, 20 Jan 2026.
The Grey Market Premium (GMP) of Avana Electrosystems IPO is ₹11.
The expected listing price of Avana Electrosystems IPO is around ₹70 based on current GMP. This indicates a potential return of approximately 18.64% , with an estimated profit of ₹22,000 per lot, subject to market conditions.
The Avana Electrosystems IPO was subscribed 122.41 times on the final day of subscription.
The retail portion is subscribed 135.69 times as of 14 Jan 2026.
The QIB portion is subscribed 54.97 times and the NII portion is subscribed 162.65 times .
The IPO registrar of Avana Electrosystems is Integrated Registry Management Services Private Limited. Integrated is responsible for processing IPO applications, finalizing allotment, crediting shares, and initiating refunds.
The allotment date is expected on Thu, 15 Jan 2026.
Allotment status is generally updated in the evening (6 PM – 10 PM) on Thu, 15 Jan 2026 on the registrar or exchange website.
Shares are expected to be credited by Fri, 16 Jan 2026.
Refunds for unsuccessful applicants will be initiated on Fri, 16 Jan 2026.
Investors can check refund status via:
- UPI mandate / bank account (NACH, NEFT, RTGS)
- ASBA bank portal
Avana Electrosystems IPO is listed on NSE.
The current share price of Avana Electrosystems Limited is ₹71.50. The stock opened at ₹71.50, hit a high of ₹71.50 and a low of ₹71.50.
Avana Electrosystems Limited share price has decreased by ₹1.10 (1.52%) compared to the previous close. The stock has declined 7.74% from its listing price of ₹77.50 on BSE and declined 7.74% from its listing price of ₹77.50 on NSE.
Disclaimer: The content published on this website is for informational and educational purposes only and must not be treated as financial, trading or investment advice. Share Market related articles, IPO details, GMP values, subscription data, listing estimates, allotment status and related information reflect market sentiment and public data and may be inaccurate or outdated. Nothing on this website constitutes an offer or recommendation to buy or sell any securities. We are not SEBI registered financial advisors. Investors must consult a qualified SEBI registered financial advisor before making any investment decisions. Any investment made based on the information provided here is entirely at the reader’s own risk. The author and the team at TheFinancialTalks.com shall not be responsible or liable for any financial loss. Investors must conduct thorough due diligence and seek professional financial advice before making any investment decisions.